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Report Scope & Overview:

The Accounts Receivable Automation Market is anticipated to develop at a CAGR of 13.8% from 2023 to 2030, from an estimated value of USD 3.41 billion in 2022 to USD 9.59 billion in 2030.

Software for automating accounts receivable helps organizations streamline their client billing and payment processes. Businesses can increase their cash flow by automating their accounts receivable operations, which can shorten the time it takes to follow up on delinquent invoices and accelerate the payment of invoices. Due to the decreased chance of mistakes or missed invoices, automation can help increase the consistency and accuracy of billing. Automating accounts receivable procedures can also save firms time and money that can be put to better use in operations like customer service or sales.

Accounts Receivable Automation Market Revenue Analysis

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Increased use of cloud computing and artificial intelligence (AI) technology also significantly contributes to the market's revenue growth. AI can be used to evaluate and forecast client payment trends, enabling companies to manage their accounts receivable in a proactive manner and see possible difficulties before they become serious ones. On the other hand, businesses may access and analyze a significant volume of data connected to accounts receivable using cloud computing technologies, which can be utilized to store and process the data.

BFSI is expected to have the largest market size by vertical throughout the anticipated timeframe.

The banking, financial services, and insurance (BFSI) segment is expected to hold the largest market share. This vertical has been quick to embrace new technologies. One such innovation is the accounts receivable automation solution, which empowers financial institutions to enhance their cash collection from customers. By automating the accounts receivable process, this solution not only boosts staff productivity but also saves valuable time that would otherwise be spent on manual tasks like entering, proofreading, and verifying invoices. As a result, accurate reports can be generated efficiently.

Market Dynamics

Drivers

  • The automation of accounts receivable is increasing as a result of the requirement for fast invoicing.

  • It is necessary to increase corporate efficiency by reducing costs, increasing cash flow, and shortening the accounting cycle time.

  • Increased use of technology like cloud computing

Automation of accounts receivable shortens the time between sending invoices and receiving payments by assisting in the timely delivery of bills to clients and customers. Consumers can access e-Invoices created by the account receivable automation and make payments directly by clicking on the link. This shortens the time it takes to process payments and conserves time during account audits. Additionally, it gives businesses a competitive edge by facilitating faster invoicing and managing transactions for a seamless and improved client experience.

Restrains

  • Eliminate outdated accounts receivable procedures that are impeding market expansion.

  • The market for accounts receivables automation could experience slow revenue growth due to high installation costs.

Traditional approaches, which are frequently laborious and time-consuming, are preferred by many firms. Enterprises are reluctant to invest in the deployment of accounts receivable automation solutions for a number of reasons, including worries about data security, budgetary restrictions, and opposition to changing the well-established existing accounts receivable processes. Additionally, the lack of awareness about accounts receivable automation and the training and skill sets needed to manage modern solutions are the key causes of the lower adoption of automated and advanced technology.

Opportunities

  • Companies have opportunities due to the increasing use of AI and ML-based accounts receivable automation.

Vendors of accounts receivable automation systems engage in AI technology to aid finance and accounting executives in improving their financial efficiency. By offering deeper insights into the business process, AI and ML can efficiently improve activities connected to finance. For instance, businesses can use AI to analyze every business process and identify the areas that can be changed to increase value. To identify any danger of payment issues, it can also be helpful to analyze client behavior and payment habits.

Challenges

  • Growing worries about data security, privacy, and compliance are a major issue that is affecting the market's expansion.

  • complexity of the billing and payment management process   

  • worries about security and privacy

An increasing number of accounting industry stakeholders are worried about data protection. Businesses are becoming more careful when implementing automated solutions due to the rise in identity fraud and cybercrimes. PCI and GDPR compliance is required for the solution to safeguard client payments and personal information. Organizations also have a lot of sensitive information and a lot of data to manage. As a result, businesses are reluctant to implement the automation solution because it necessitates disclosing their private and sensitive information to outside parties on the cloud.

Impact of the Russia-Ukraine

The Russia-Ukraine war could lead to disruptions in supply chains and trade routes, impacting various industries. Companies might prioritize stabilizing their existing operations rather than investing in new technologies, which could temporarily slow down the growth of the Accounts Receivable Automation market by 7.5%. In times of geopolitical instability, investors might become more risk-averse. Venture capital funding and other forms of investment that drive innovation and growth in technology markets could decrease, affecting the development and adoption of Accounts Receivable Automation solutions. Businesses in the affected regions might divert their attention and resources toward addressing more immediate concerns related to the conflict, such as ensuring business continuity and managing risk. This diversion could result in a reduced focus on adopting new technologies like Accounts Receivable Automation. The economic impact of the war could lead to fluctuations in currency values and financial markets. Businesses might experience challenges in managing their finances, including Accounts Receivable and Accounts Payable. This could lead to an increased interest in automation solutions that help manage these aspects more efficiently.

With remote work becoming more prevalent due to the pandemic and potentially due to conflict-related disruptions, businesses might prioritize solutions that facilitate remote collaboration and process management, which could include Accounts Receivable Automation tools. Different industries might respond to the conflict in varying ways based on their exposure to the affected regions and their reliance on global supply chains. Industries heavily reliant on imports or exports to/from the conflict zone might experience more significant disruptions, impacting their investment decisions.

Impact of Recession

A recession often leads to tighter credit conditions and reduced cash flows for both businesses and individuals. As a result, companies may prioritize immediate cash needs over investing in automation solutions, even if these solutions have the potential to improve efficiency in the long run. Economic uncertainty during a recession can lead to delayed decision-making by businesses. They might hold off on making major purchasing decisions, including investments in automation technologies until economic conditions stabilize. Companies may reevaluate their relationships with vendors and technology providers during a recession. They might seek to renegotiate contracts or explore more cost-effective alternatives, which could impact the adoption of Accounts Receivable Automation solutions. According to PYMNTS research, 93.5% of businesses are investing in digital technologies in at least one aspect of payments and finance, and a similar 86% plan to do so in the future.

While the short-term impact of a recession might be negative for the Accounts Receivable Automation market, there could be potential for long-term growth. As the economy begins to recover, businesses may prioritize investments that improve operational efficiency and reduce costs. Accounts Receivable Automation can align with these objectives, leading to increased adoption. Recessions can prompt businesses to adapt and innovate to survive and thrive. This could lead to a reimagining of how Accounts Receivable Automation solutions are utilized and integrated within organizations to address new challenges and opportunities.

Key Market Segmentation

By Component

  • Solutions

  • Services

By Organization Size

  • Large Enterprises

  • Small & Medium-Sized Enterprises

By Deployment Mode

  • Cloud

  • On-premises

By Vertical

  • Banking, Financial Services & Insurance

  • IT & Telecom

  • Manufacturing

  • Consumer Goods & Retail

  • Healthcare

  • Energy & Utilities

  • Other Verticals

Accounts Receivable Automation Market Segmentation Analysis

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Regional Analysis

Due to its highly developed economy, increased adoption and penetration of cutting-edge technologies, and a higher level of regional competition, North America commanded the biggest market revenue share.  North America accounts for 29.1% revenue of the worldwide market. A significant element driving the market expansion and demand for these solutions in the region is also the existence of numerous well-known industry players, including Oracle Corporation, Workday, BlackLine, and Bottomline Technologies. A study conducted by APQC revealed that companies that offer electronic invoice lines for 80% or more of their invoices experience a substantial reduction in their days sales outstanding, with an average of 30 days. In contrast, companies that only provide electronic invoice lines for 20% or less of their invoices have an average of 55 days of sales outstanding.

The Asia Pacific region is currently one of the fastest-growing regions in the world, which makes it an incredibly profitable market for accounts receivable automation. Due to the quickening of economic development, globalization, digitalization, and greater internet access, it is anticipated to rise at the quickest rate. As two of the region's most technologically advanced nations, China and Japan are the indisputable market leaders. The adoption of accounts receivable automation solutions in the region is being fueled by government measures to advance the digital infrastructure. Utilizing an accounts receivable automation solution enables businesses to successfully restructure their accounts receivable departments and do rid of paper-based and manual operations.

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

Rest of Latin America

Key Players:

The major players in the market are SAP, Oracle Corporation, Microsoft Corporation, Kofax Inc., Workday, Quadient, SK Global Software, Sage Group plc, BlackLine Inc., Zoho, Bottomline Technologies, Inc., HighRadius, MHC Automation, and others in the final report.

Oracle Corporation-Company Financial Analysis

Recent Development

A new addition to Netsmart's CareFabric integrated platform, the company introduced a cloud-based revenue cycle management solution in October 2022. By using this solution, healthcare providers can increase cash flow, productivity, and profitability while cutting the number of hours spent collecting accounts receivable by about 20%.

As a part of its NetSuite ERP solution, Oracle NetSuite debuted Cash 360 on February 2, 2022. The use of NetSuite Cash 360 helps customers manage cash flow effectively, ensuring they have enough cash on hand to fund sales and marketing initiatives, maintain daily operations, pay employees and suppliers, pay debt, purchase capital equipment, and make other long-term investments.

SAP SE purchased the majority of Taulia, a provider of working capital management solutions, in March 2021. The company will now be able to assist its client companies in attaining financial flexibility and stability, as well as contributing to the creation of more resilient supply chains, thanks to this acquisition.

Accounts Receivable Automation Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 3.41 Bn
Market Size by 2030  US$ 9.59 Bn
CAGR   CAGR of 13.8 % From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Solutions, Services)
• By Organization Size (Large Enterprises, Small & Medium-Sized Enterprises)
• By Deployment Mode (Cloud, On-premises)
• By Vertical (Banking, Financial Services & Insurance, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy & Utilities, Other Verticals)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles SAP, Oracle Corporation, Microsoft Corporation, Kofax Inc., Workday, Quadient, SK Global Software, Sage Group plc, BlackLine Inc., Zoho, Bottomline Technologies, Inc., HighRadius, MHC Automation
Key Drivers • The automation of accounts receivable is increasing as a result of the requirement for fast invoicing.
• It is necessary to increase corporate efficiency by reducing costs, increasing cash flow, and shortening the accounting cycle time.
• Increased use of technology like cloud computing
Market Restraints • Eliminate outdated accounts receivable procedures that are impeding market expansion.
• The market for accounts receivables automation could experience slow revenue growth due to high installation costs.

 

Frequently Asked Questions

Ans: The Accounts Receivable Automation Market size was valued at USD 3.41 billion in 2022.

Ans. The Accounts Receivable Automation Market is growing at a CAGR of 13.8 % From 2023 to 2030.

Ans: There are three options available to purchase this report,

A. Single User License USD 4650

Features: A non-printable PDF to be accessed by just one user at a time

1.           No Excel would be delivered along with the PDF

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4.           Additional 80 analyst hours of free customization to add extra slices of information that might be missing from the study

B. Enterprise User License: USD 6,450

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2.           No limit over the number of users

3.           An Excel spreadsheet would be delivered along with the PDF

4.           2 complimentary analyst briefing sessions of 30 minutes each to be provided post-purchase and delivery of the study

5.           2 complimentary updates to be provided within 1 year of purchase

6.           Additional 100 analyst hours of free customization to add extra slices of information that might be missing from the study.

C: Excel Datasheet: USD 2,325

1.  ME sheet is provided in Excel format.

2.           1 complimentary analyst briefing session of 30 minutes to be provided post-purchase and delivery of the study

Ans:  

The Asia Pacific region is expected to experience the highest growth in the Accounts Receivable Automation Market during the forecast period

Ans. The players in the market are SAP, Oracle Corporation, Microsoft Corporation, Kofax Inc., Workday, Quadient, Zoho, Bottomline Technologies, Inc., HighRadius, MHC Automation, and others in the final report.

Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints                           

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 Impact of Russia-Ukraine War

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies

4.2.2.1 US

4.2.2.2 Canada

4.2.2.3 Germany

4.2.2.4 France

4.2.2.5 United Kingdom

4.2.2.6 China

4.2.2.7 japan

4.2.2.8 South Korea

4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Accounts Receivable Automation Market Segmentation, By Components

8.1 Solutions

8.2 Services

9. Accounts Receivable Automation Market Segmentation, By Organizational Size

9.1 Small & Medium Enterprises

9.2 Large Enterprises

10. Accounts Receivable Automation Market Segmentation, By Deployment

10.1 Cloud

10.2 On-premises

11.  Accounts Receivable Automation Market Segmentation, By Vertical

11.1 Banking, Financial Services & Insurance

11.2 IT & Telecom

11.3 Manufacturing

11.4 Consumer Goods & Retail

11.5 Healthcare

11.6 Energy & Utilities

11.7 Other Verticals

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 North America Accounts Receivable Automation Market By Country

12.2.2 North America Accounts Receivable Automation Market By Components

12.2.3 North America Accounts Receivable Automation Market By Organizational Size

12.2.4 North America Accounts Receivable Automation Market By Deployment

12.2.5 North America Accounts Receivable Automation Market By Vertical

12.2.6 USA

12.2.6.1 USA Accounts Receivable Automation Market By Components

12.2.6.2 USA Accounts Receivable Automation Market By Organizational Size

12.2.6.3 USA Accounts Receivable Automation Market By Deployment

12.2.6.4 USA Accounts Receivable Automation Market By Vertical

12.2.7 Canada

12.2.7.1 Canada Accounts Receivable Automation Market By Components

12.2.7.2 Canada Accounts Receivable Automation Market By Organizational Size

12.2.7.3 Canada Accounts Receivable Automation Market By Deployment

12.2.7.4 Canada Accounts Receivable Automation Market By Vertical

12.2.8 Mexico

12.2.8.1 Mexico Accounts Receivable Automation Market By Components

12.2.8.2 Mexico Accounts Receivable Automation Market By Organizational Size

12.2.8.3 Mexico Accounts Receivable Automation Market By Deployment

12.2.8.4 Mexico Accounts Receivable Automation Market By Vertical

12.3 Europe

12.3.1 Eastern Europe

12.3.1.1 Eastern Europe Accounts Receivable Automation Market By Country

12.3.1.2 Eastern Europe Accounts Receivable Automation Market By Components

12.3.1.3 Eastern Europe Accounts Receivable Automation Market By Organizational Size

12.3.1.4 Eastern Europe Accounts Receivable Automation Market By Deployment

12.3.1.5 Eastern Europe Accounts Receivable Automation Market By Vertical

12.3.1.6 Poland

 12.3.1.6.1 Poland Accounts Receivable Automation Market By Components

12.3.1.6.2 Poland Accounts Receivable Automation Market By Organizational Size

12.3.1.6.3 Poland Accounts Receivable Automation Market By Deployment

12.3.1.6.4 Poland Accounts Receivable Automation Market By Vertical

12.3.1.7 Romania

12.3.1.7.1 Romania Accounts Receivable Automation Market By Components

12.3.1.7.2 Romania Accounts Receivable Automation Market By Organizational Size

12.3.1.7.3 Romania Accounts Receivable Automation Market By Deployment

12.3.1.7.4 Romania Accounts Receivable Automation Market By Vertical

12.3.1.8 Hungary

12.3.1.8.1 Hungary Accounts Receivable Automation Market By Components

12.3.1.8.2 Hungary Accounts Receivable Automation Market By Organizational Size

12.3.1.8.3 Hungary Accounts Receivable Automation Market By Deployment

12.3.1.8.4 Hungary Accounts Receivable Automation Market By Vertical

12.3.1.9 Turkey

12.3.1.9.1 Turkey Accounts Receivable Automation Market By Components

12.3.1.9.2 Turkey Accounts Receivable Automation Market By Organizational Size

12.3.1.9.3 Turkey Accounts Receivable Automation Market By Deployment

12.3.1.9.4 Turkey Accounts Receivable Automation Market By Vertical

12.3.1.10 Rest of Eastern Europe

12.3.1.10.1 Rest of Eastern Europe Accounts Receivable Automation Market By Components

12.3.1.10.2 Rest of Eastern Europe Accounts Receivable Automation Market By Organizational Size

12.3.1.10.3 Rest of Eastern Europe Accounts Receivable Automation Market By Deployment

12.3.1.10.4 Rest of Eastern Europe Accounts Receivable Automation Market By Vertical

12.3.2 Western Europe

12.3.2.1 Western Europe Accounts Receivable Automation Market By Country

12.3.2.2 Western Europe Accounts Receivable Automation Market By Components

12.3.2.3 Western Europe Accounts Receivable Automation Market By Organizational Size

12.3.2.4 Western Europe Accounts Receivable Automation Market By Deployment

12.3.2.5 Western Europe Accounts Receivable Automation Market By Vertical

12.3.2.6 Germany

12.3.2.6.1 Germany Accounts Receivable Automation Market By Components

12.3.2.6.2 Germany Accounts Receivable Automation Market By Organizational Size

12.3.2.6.3 Germany Accounts Receivable Automation Market By Deployment

12.3.2.6.4 Germany Accounts Receivable Automation Market By Vertical

12.3.2.7 France

12.3.2.7.1 France Accounts Receivable Automation Market By Components

12.3.2.7.2 France Accounts Receivable Automation Market By Organizational Size

12.3.2.7.3 France Accounts Receivable Automation Market By Deployment

12.3.2.7.4 France Accounts Receivable Automation Market By Vertical

12.3.2.8 UK

12.3.2.8.1 UK Accounts Receivable Automation Market By Components

12.3.2.8.2 UK Accounts Receivable Automation Market By Organizational Size

12.3.2.8.3 UK Accounts Receivable Automation Market By Deployment

12.3.2.8.4 UK Accounts Receivable Automation Market By Vertical

12.3.2.9 Italy

12.3.2.9.1 Italy Accounts Receivable Automation Market By Components

12.3.2.9.2 Italy Accounts Receivable Automation Market By Organizational Size

12.3.2.9.3 Italy Accounts Receivable Automation Market By Deployment

12.3.2.9.4 Italy Accounts Receivable Automation Market By Vertical

12.3.2.10 Spain

12.3.2.10.1 Spain Accounts Receivable Automation Market By Components

12.3.2.10.2 Spain Accounts Receivable Automation Market By Organizational Size

12.3.2.10.3 Spain Accounts Receivable Automation Market By Deployment

12.3.2.10.4 Spain Accounts Receivable Automation Market By Vertical

12.3.2.11 Netherlands

12.3.2.11.1 Netherlands Accounts Receivable Automation Market By Components

12.3.2.11.2 Netherlands Accounts Receivable Automation Market By Organizational Size

12.3.2.11.3 Netherlands Accounts Receivable Automation Market By Deployment

12.3.2.11.4 Netherlands Accounts Receivable Automation Market By Vertical

12.3.2.12 Switzerland

12.3.2.12.1 Switzerland Accounts Receivable Automation Market By Components

12.3.2.12.2 Switzerland Accounts Receivable Automation Market By Organizational Size

12.3.2.12.3 Switzerland Accounts Receivable Automation Market By Deployment

12.3.2.12.4 Switzerland Accounts Receivable Automation Market By Vertical

12.3.2.13 Austria

12.3.2.13.1 Austria Accounts Receivable Automation Market By Components

12.3.2.13.2 Austria Accounts Receivable Automation Market By Organizational Size

12.3.2.13.3 Austria Accounts Receivable Automation Market By Deployment

12.3.2.13.4 Austria Accounts Receivable Automation Market By Vertical

12.3.2.14 Rest of Western Europe

12.3.2.14.1 Rest of Western Europe Accounts Receivable Automation Market By Components

12.3.2.14.2 Rest of Western Europe Accounts Receivable Automation Market By Organizational Size

12.3.2.14.3 Rest of Western Europe Accounts Receivable Automation Market By Deployment

12.3.2.14.4 Rest of Western Europe Accounts Receivable Automation Market By Vertical

12.4 Asia-Pacific

12.4.1 Asia Pacific Accounts Receivable Automation Market By Country

12.4.2 Asia Pacific Accounts Receivable Automation Market By Components

12.4.3 Asia Pacific Accounts Receivable Automation Market By Organizational Size

12.4.4 Asia Pacific Accounts Receivable Automation Market By Deployment

12.4.5 Asia Pacific Accounts Receivable Automation Market By Vertical

12.4.6 China

12.4.6.1 China Accounts Receivable Automation Market By Components

12.4.6.2 China Accounts Receivable Automation Market By Organizational Size

12.4.6.3 China Accounts Receivable Automation Market By Deployment

12.4.6.4 China Accounts Receivable Automation Market By Vertical

12.4.7 India

12.4.7.1 India Accounts Receivable Automation Market By Components

12.4.7.2 India Accounts Receivable Automation Market By Organizational Size

12.4.7.3 India Accounts Receivable Automation Market By Deployment

12.4.7.4 India Accounts Receivable Automation Market By Vertical

12.4.8 Japan

12.4.8.1 Japan Accounts Receivable Automation Market By Components

12.4.8.2 Japan Accounts Receivable Automation Market By Organizational Size

12.4.8.3 Japan Accounts Receivable Automation Market By Deployment

12.4.8.4 Japan Accounts Receivable Automation Market By Vertical

12.4.9 South Korea

12.4.9.1 South Korea Accounts Receivable Automation Market By Components

12.4.9.2 South Korea Accounts Receivable Automation Market By Organizational Size

12.4.9.3 South Korea Accounts Receivable Automation Market By Deployment

12.4.9.4 South Korea Accounts Receivable Automation Market By Vertical

12.4.10 Vietnam

12.4.10.1 Vietnam Accounts Receivable Automation Market By Components

12.4.10.2 Vietnam Accounts Receivable Automation Market By Organizational Size

12.4.10.3 Vietnam Accounts Receivable Automation Market By Deployment

12.4.10.4 Vietnam Accounts Receivable Automation Market By Vertical

12.4.11 Singapore

12.4.11.1 Singapore Accounts Receivable Automation Market By Components

12.4.11.2 Singapore Accounts Receivable Automation Market By Organizational Size

12.4.11.3 Singapore Accounts Receivable Automation Market By Deployment

12.4.11.4 Singapore Accounts Receivable Automation Market By Vertical

12.4.12 Australia

12.4.12.1 Australia Accounts Receivable Automation Market By Components

12.4.12.2 Australia Accounts Receivable Automation Market By Organizational Size

12.4.12.3 Australia Accounts Receivable Automation Market By Deployment

12.4.12.4 Australia Accounts Receivable Automation Market By Vertical

12.4.13 Rest of Asia-Pacific

12.4.13.1 Rest of Asia-Pacific Accounts Receivable Automation Market By Components

12.4.13.2 Rest of Asia-Pacific Accounts Receivable Automation Market By Organizational Size

12.4.13.3 Rest of Asia-Pacific Accounts Receivable Automation Market By Deployment

12.4.13.4 Rest of Asia-Pacific Accounts Receivable Automation Market By Vertical

12.5 Middle East & Africa

12.5.1 Middle East

12.5.1.1 Middle East Accounts Receivable Automation Market By Country

12.5.1.2 Middle East Accounts Receivable Automation Market By Components

12.5.1.3 Middle East Accounts Receivable Automation Market By Organizational Size

12.5.1.4 Middle East Accounts Receivable Automation Market By Deployment

12.5.1.5 Middle East Accounts Receivable Automation Market By Vertical

12.5.1.6 UAE

12.5.1.6.1 UAE Accounts Receivable Automation Market By Components

12.5.1.6.2 UAE Accounts Receivable Automation Market By Organizational Size

12.5.1.6.3 UAE Accounts Receivable Automation Market By Deployment

12.5.1.6.4 UAE Accounts Receivable Automation Market By Vertical

12.5.1.7 Egypt

12.5.1.7.1 Egypt Accounts Receivable Automation Market By Components

12.5.1.7.2 Egypt Accounts Receivable Automation Market By Organizational Size

12.5.1.7.3 Egypt Accounts Receivable Automation Market By Deployment

12.5.1.7.4 Egypt Accounts Receivable Automation Market By Vertical

12.5.1.8 Saudi Arabia

12.5.1.8.1 Saudi Arabia Accounts Receivable Automation Market By Components

12.5.1.8.2 Saudi Arabia Accounts Receivable Automation Market By Organizational Size

12.5.1.8.3 Saudi Arabia Accounts Receivable Automation Market By Deployment

12.5.1.8.4 Saudi Arabia Accounts Receivable Automation Market By Vertical

12.5.1.9 Qatar

12.5.1.9.1 Qatar Accounts Receivable Automation Market By Components

12.5.1.9.2 Qatar Accounts Receivable Automation Market By Organizational Size

12.5.1.9.3 Qatar Accounts Receivable Automation Market By Deployment

12.5.1.9.4 Qatar Accounts Receivable Automation Market By Vertical

12.5.1.10 Rest of Middle East

12.5.1.10.1 Rest of Middle East Accounts Receivable Automation Market By Components

12.5.1.10.2 Rest of Middle East Accounts Receivable Automation Market By Organizational Size

12.5.1.10.3 Rest of Middle East Accounts Receivable Automation Market By Deployment

12.5.1.10.4 Rest of Middle East Accounts Receivable Automation Market By Vertical

12.5.2. Africa

12.5.2.1 Africa Accounts Receivable Automation Market By Country

12.5.2.2 Africa Accounts Receivable Automation Market By Components

12.5.2.3 Africa Accounts Receivable Automation Market By Organizational Size

12.5.2.4 Africa Accounts Receivable Automation Market By Deployment

12.5.2.5 Africa Accounts Receivable Automation Market By Vertical

12.5.2.6 Nigeria

12.5.2.6.1 Nigeria Accounts Receivable Automation Market By Components

12.5.2.6.2 Nigeria Accounts Receivable Automation Market By Organizational Size

12.5.2.6.3 Nigeria Accounts Receivable Automation Market By Deployment

12.5.2.6.4 Nigeria Accounts Receivable Automation Market By Vertical

12.5.2.7 South Africa

12.5.2.7.1 South Africa Accounts Receivable Automation Market By Components

12.5.2.7.2 South Africa Accounts Receivable Automation Market By Organizational Size

12.5.2.7.3 South Africa Accounts Receivable Automation Market By Deployment

12.5.2.7.4 South Africa Accounts Receivable Automation Market By Vertical

12.5.2.8 Rest of Africa

12.5.2.8.1 Rest of Africa Accounts Receivable Automation Market By Components

12.5.2.8.2 Rest of Africa Accounts Receivable Automation Market By Organizational Size

12.5.2.8.3 Rest of Africa Accounts Receivable Automation Market By Deployment

12.5.2.8.4 Rest of Africa Accounts Receivable Automation Market By Vertical

12.6. Latin America

12.6.1 Latin America Accounts Receivable Automation Market By Country

12.6.2 Latin America Accounts Receivable Automation Market By Components

12.6.3 Latin America Accounts Receivable Automation Market By Organizational Size

12.6.4 Latin America Accounts Receivable Automation Market By Deployment

12.6.5 Latin America Accounts Receivable Automation Market By Vertical

12.6.6 Brazil

12.6.6.1 Brazil Accounts Receivable Automation Market By Components

12.6.6.2 Brazil Accounts Receivable Automation Market By Organizational Size

12.6.6.3 Brazil Accounts Receivable Automation Market By Deployment

12.6.6.4 Brazil Accounts Receivable Automation Market By Vertical

12.6.7 Argentina

12.6.7.1 Argentina Accounts Receivable Automation Market By Components

12.6.7.2 Argentina Accounts Receivable Automation Market By Organizational Size

12.6.7.3 Argentina Accounts Receivable Automation Market By Deployment

12.6.7.4 Argentina Accounts Receivable Automation Market By Vertical

12.6.8 Colombia

12.6.8.1 Colombia Accounts Receivable Automation Market By Components

12.6.8.2 Colombia Accounts Receivable Automation Market By Organizational Size

12.6.8.3 Colombia Accounts Receivable Automation Market By Deployment

12.6.8.4 Colombia Accounts Receivable Automation Market By Vertical

12.6.9 Rest of Latin America

12.6.9.1 Rest of Latin America Accounts Receivable Automation Market By Components

12.6.9.2 Rest of Latin America Accounts Receivable Automation Market By Organizational Size

12.6.9.3 Rest of Latin America Accounts Receivable Automation Market By Deployment

12.6.9.4 Rest of Latin America Accounts Receivable Automation Market By Vertical

 

13 Company Profile

13.1 SAP

13.1.1 Company Overview

13.1.2 Financials

13.1.3 Product/Services/Offerings

13.1.4 SWOT Analysis

13.1.5 The SNS View

13.2 Oracle Corporation.

13.2.1 Company Overview

13.2.2 Financials

13.2.3 Product/Services/Offerings

13.2.4 SWOT Analysis

13.2.5 The SNS View

13.3 Microsoft Corporation

13.3.1 Company Overview

13.3.2 Financials

13.3.3 Product/Services/Offerings

13.3.4 SWOT Analysis

13.3.5 The SNS View

13.4 Kofax Inc.

13.4.1 Company Overview

13.4.2 Financials

13.4.3 Product/Services/Offerings

13.4.4 SWOT Analysis

13.4.5 The SNS View

13.5 Workday.

13.5.1 Company Overview

13.5.2 Financials

13.5.3 Product/Services/Offerings

13.5.4 SWOT Analysis

13.5.5 The SNS View

13.6 SK Global Software.

13.6.1 Company Overview

13.6.2 Financials

13.6.3 Product/Services/Offerings

13.6.4 SWOT Analysis

13.6.5 The SNS View

13.7 Sage Group plc.

13.7.1 Company Overview

13.7.2 Financials

13.7.3 Product/Services/Offerings

13.7.4 SWOT Analysis

13.7.5 The SNS View

13.8 BlackLine Inc.

13.8.1 Company Overview

13.8.2 Financials

13.8.3 Product/Services/Offerings

13.8.4 SWOT Analysis

13.8.5 The SNS View

13.9 Zoho.

13.9.1 Company Overview

13.9.2 Financials

13.9.3 Product/Services/Offerings

13.9.4 SWOT Analysis

13.9.5 The SNS View

13.10 Bottomline Technologies, Inc.

13.10.1 Company Overview

13.10.2 Financials

13.10.3 Product/Services/Offerings

13.10.4 SWOT Analysis

13.10.5 The SNS View

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

              14.3.1 Industry News

              14.3.2 Company News

              14.3 Mergers & Acquisitions

15. USE Cases and Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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